Asset Retirement Obligations (Tables)
3 Months Ended
Mar. 31, 2021
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of Asset Retirement Obligations
The following table summarizes changes in the Company’s asset retirement obligations (“ARO”) associated with its working interests in oil and gas properties for the three months ended March 31, 2021:
(in thousands)
Asset retirement obligations, beginning of period
$17,009 
Liabilities incurred
44 
Liabilities divested and settled
(129)
Accretion expense
255 
Revisions to estimated cash flows
(21)
Asset retirement obligations, end of period
$17,158